Kwekwe United club president Phil Makekera has dismissed claims that he has stepped down and is selling the cash-strapped Castle Lager Premier Soccer League franchise.
Makekera said the rumour is simply a ploy to push him out of the club.
"I will not just walk away from my project unless someone buys me out.
"I am selling shares in the team, and I remain as of today 100% shareholder, and I know there are people who want to force me out," he told NewZimbabwe.com.
Reports were that the Kwekwe United boss had on Wednesday morning notified members of the club's executive group that he was stepping down as president so as to create time for his family.
Since promotion from the Central Region Division One League, Kwekwe United has been facing financial challenges which have seen players protesting for outstanding signing-on fees and salaries.
In April, the club failed to fulfil a home match against Herentals after the players did not show up in protest over unpaid salaries.
Kwekwe United is facing possible relegation as they are sitting bottom of the log with only 8 points from 18 games.